Thesis "The Value of Art"

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several people. This is true, however, to translate a message into visuals that everyone speaks and can relates to, creates a new layer of experiencing. If one is open to observe and to develop individual sequences of thoughts, it means that someone has the same ability of being conscious and critical as his opposite.

Value and Price of Art Next to the cultural and functional value of art, constantly having played a role in history, the artmarket has developed in a modern era. This new phenomenon of art as a selling product reached a dimension that forms an important part of modern economy nowadays. Already in the medieval ages, an artist sold his artworks, always to state or church. However, art always had a practical and factual value, defined through technique, quality and material of production. Buying art was connected to a rational and non-speculative purpose: Buyers searched for a medium that demonstrated (financial) power, propaganda or (religious) storytelling. Nowadays, buying art is related to aesthetics or investing in speculative forecasted high value. The artists’ popularity counts today, while earlier, the artist had 21


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